This Multifamily Property is no longer advertised on LoopNet.com.

107 3rd Ave S
Sauk Rapids, MN 56379
Village View Apartments · Multifamily Property For Sale · 21 Units

Investment Highlights

  • Three Separate Adjacent Buildings All for Sale
  • 91% Occupancy and a Strong Return on Investment with an In-Place 8.53% Cap Rate
  • 12 Detached Garages and a two-car Attached Garage on the Single Family Home
  • All Newer Pitched Gabled Roofing in 2020
  • Exterior is All brick and recently Tuck Pointed

Property Facts

No. Units 21
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 0.92 AC
Building Size 17,971 SF
No. Stories 2
Year Built/Renovated 1967/2020
Parking Ratio 2.84/1,000 SF

Amenities

  • Smoke Detector

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Washer/Dryer
  • Ceiling Fans
  • Tile Floors
  • Eat-in Kitchen
  • Kitchen
  • Refrigerator
  • Range
  • Tub/Shower
  • Carpet
  • Lawn
  • Smoke Free

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+1 17 $839.00 700 - 730
1+1 3 $745.50 600
3+2 1 $1,500 1,300

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 19.00295.00
  • 19.00296.00
  • 19.00297.00
Land Assessment
$206,800
Improvements Assessment
$1,262,900
Total Assessment
$1,469,700
  • Listing ID: 40917392

  • Date on Market: 6/14/2026

  • Last Updated:

  • Address: 107 3rd Ave S, Sauk Rapids, MN 56379

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